Will the T-6 be the same 10 years from now? Forum

[Skool]

NYU Law has been an "elite" school since around the 1960s

My understanding is that the late sixties and early seventies were a time of massive enrollment declines and accompanying debt for the university, in addition to the selling of major assets. I would be surprised to hear they were considered elite at this time.

According to this article, it was a late 70s and 80s revival that gave us the university we recognize as elite today:

http://articles.baltimoresun.com/2000-0 ... -academics

So as I said, "Nyu as a university is pretty nouveau riche and it's elite reputation as a law school and university is fairly recent in its history."

This is also interesting color/background:

https://books.google.com/books?id=YlOUB ... ry&f=false

and has been in the T6 since the early 1990s (and the T14 always).

And how did it get there?

Unlike competitors that squirrel away money in endowments and live off the interest, NYU has taken the $2 billion it has raised in private donations since the late 1970s and gone on a Manhattan-style spending spree. It has spent about 85 percent of the money it has raised, and put only 15 percent in its endowment.

In its aggressive spending, NYU has enticed top-notch professors from Ivy League and other elite institutions with lucrative offers -- often including subsidized apartments in expensive Manhattan neighborhoods. It has tossed about scholarships to attract ultra-bright students. It has cobbled together a new urban campus in artsy Greenwich Village.

"We've simply done in 20 years what it took other universities 150 years to do," says L. Jay Oliva, NYU's president. "There's no way to get excellence, other than buying your way into it."

It's reasonable to wonder about the sustainability of this strategy, which this is clearly something John Sexton has continued. It's especially reasonable to be skeptical when there's not a ton of transparency in the Financing of the foreign campuses and the stuff we can see (construction in UAE), hasn't exactly been well managed.

Its undergrad, while not on par with the other schools in the T14, has actually improved tremendously since then.

They've certainly spent a lot of money buying faculty and updating facility. They've certainly raised their median SAT scores. At what price, with how much debt? With what kind of endowment left? It's reasonable to wonder how much of NYU is sustainable.

counting down until skool claims he was doing pupkin/zuck schtick

When are you going to suck my balls?

[BiglawAssociate]

cls has ivy prestige, but so does cornell
so that argument doesn't persuade me

agree that nyc is too expensive tho
i'd target a secondary market if i could but no ties

Columbia has a lot more prestige than Cornell on places like the West Coast though...plus Cornell is in Ithaca.....

As for ties, just exaggerate ties............you have "cousin" who lives in X place

[03152016]

@skool
you realize you linked to obvious stuff about the ug (not the ls) that anyone with half a brain already knows right
shush now, grown-ups are talking

cls has ivy prestige, but so does cornell
so that argument doesn't persuade me

agree that nyc is too expensive tho
i'd target a secondary market if i could but no ties

Columbia has a lot more prestige than Cornell on places like the West Coast though...plus Cornell is in Ithaca.

fair, different than the ivy distinction tho
cls places more outside of the ne. it's not the landslide people make it out to be, but there is a difference
i just don't know it outweighs the higher concentration of students who aren't going the bl route at nyu
also, who knows what will happen in the future, but incoming law students are still freaked out about what happened during the recession
idk how soon they'll be turning away from the largest legal job market

[03152016]

also
http://www.lstscorereports.com/schools/ ... tion/2013/
http://www.lstscorereports.com/schools/ ... tion/2013/

[Skool]

No, it was actually about the university as a whole, the stability of whose finances is obviously relevant for the law school becoming/remaining elite.

[03152016]

lol
what does it feel like to have no self-awareness

[Skool]

By your estimation, I think I wouldn't be able to answer that, douche.

[03152016]

uh... nice comeback there

if you seriously think nyu law is in financial peril, you are literally r*tarded
i've been openly critical of nyu's expansionistic tendencies. everyone knows that
but to think the law school is going to suffer because nyu is opening up new campuses is stupid and naive
it sounds like the kind of argument that comes from someone who doesn't really know anything about the law school but decided to go because he didn't have the numbers for a better school and is resentful because of it

[03152016]

you act like you're above nyu, but given the disconnect you seem to have with reality, the curve will bring you down to earth real quick

[xael]

"era of nice burt"

[03152016]

as i've said there is a potato exception

[Skool]

My concern referenced more than mere expansion, but also endowment (which seems critically important at a time when more Americans are more skeptical than ever on higher education), and the longevity of its reputation.

I don't think NYU is in financial peril, but I also don't doubt that it probably wouldn't handle years with diminished revenues well, and I include the law school in this analysis. That looks like a vulnerability to me. NYU however seems specially vulnerable among its peers given the University's overall model. ETA: You'll also noticed that I didn't think this was a short to medium term problem given the fact that I said I'm comfortable starting my career out of NYU. And why do you think that "everyone knows tat" you're openly critical of NYU's expansionism; your opinion is neither sought after nor highly valued such that folks are tracking what you believe on anything, you fucking cum stain.

Plus, I have zero anxieties about going to NYU considering the fact that my partner is in the city and NYU was pretty generous. Not that that that's a reasonable accusation anyway.

[03152016]

it's amazing how much you can type and yet still say nothing
maybe i was wrong, you seem to be cut out for law school exams after all

[yomisterd]

My concern referenced more than mere expansion, but also endowment (which seems critically important at a time when more Americans are more skeptical than ever on higher education), and the longevity of its reputation.

I don't think NYU is in financial peril, but I also don't doubt that it probably wouldn't handle years with diminished revenues well, and I include the law school in this analysis. That looks like a vulnerability to me. NYU however seems specially vulnerable among its peers given the University's overall model. And why do you think that "everyone knows tat" you're openly critical of NYU's expansionism; your opinion is neither sought after nor highly valued such that folks are tracking what you believe on anything, you fucking cum stain.

Plus, I have zero anxieties about going to NYU considering the fact that my partner is in the city and NYU was pretty generous. Not that that that's a reasonable accusation anyway.

my understanding is nyu law is run pretty independently from rest of university and endowment is pretty cloistered away.

source: people close to me went to nyu undergrad and nyu law. hearsay essentially.

[ymmv]

it's amazing how much you can type and yet still say nothing
maybe i was wrong, you seem to be cut out for law school exams after all

orlandipoko.gif

[03152016]

skool, on a serious note, if you make a real argument i'll give it its due
but all you're doing itt is making broad sweeping statements about the uni and insinuating about the ls
if you have valid argument, cut to the chase already

[Skool]

it's amazing how much you can type and yet still say nothing
maybe i was wrong, you seem to be cut out for law school exams after all

You seem mean spirited/bitter and depressed. Good luck surviving the profession without killing yourself.

[03152016]

you seem dumb and socially unaware. good luck not striking out

[smaug]

you seem dumb and socially unaware. good luck not striking out

[03152016]

lol smaug i called it

i know you saw that before my edit

[smaug]

lol smaug i called it

i know you saw that before my edit

I didn't?

[03152016]

i'm open to having a real discussion w/ you about this but you haven't posted anything worth talking about
do you have a higher ed background? or are you talking out of your ass and googling stuff?
it all seems like insinuations to me

[03152016]

o lol
i just predicted you would make an appearance is all
i edited it out bc i didn't want to drag you into this, but jokes on me

[star fox]

Who cares. The answer: you shouldn't.

[Skool]

i'm open to having a real discussion w/ you about this but you haven't posted anything worth talking about
do you have a higher ed background? or are you talking out of your ass and googling stuff?
it all seems like insinuations to me

Look, I don't claim to have a background in higher ed, nor is that a prerequisite for participating in the thread. I'm simply a prospective student. Are you, Judge Brut, going to Daubert me out?

I think it's fair to consider my argument to be a species of insinuation, but it's not unfair to NYU (or motivated by some secret animus) and it isn't lacking in common sense. NYU as a university seems to spend a ton of money and saves comparatively little. The university and law school's elite status is largely predicated on spending lots of money. The law school won't be free from consequence if it or the university suffers revenue shortfalls (not a far out, crazy scenario). The weird expansion stuff is a red flag.

If you're not persuaded that it's a concern, fine. But freaking the fuck out over it is a little much.